PropTech, education reform in New York City, and motivating innovation…

Ryan Baxter, making NYC’s built environment more educational, Founder/Chairman of PASSNYC, Real Estate Liaison for MetaProp NYC, and Co-founder of PropTech Challenge, and former Vice President of REBNY, joins Tom Kutzman in the MouthMedia Network studio powered by Sennheiser. Presented by Prevu.

In this episode:

Real estate tech/prop tech

Baxter‘s unique path to prop tech, how he started in a trade association, Real Estate Board of NY

His undying love for NYC, looking for way to work around that, loved lobbying as a concept

The opportunity to make lots of impact

How the Association is older than NYC, serves more than 17,000 members across real estate professions

How Baxter started a regulatory effort on changing how ConEd treats power plants within buildings, taught him a lot about how NYC interacts with and treats tech

Aaron Block, a founder of PropNYC, knocked on door asking for help, saw them as distribution platform

How his work allows outcome beyond pursuit of wealth

Bing Co-Founder of Protech challenge, started last year grew to over 100 people from 47 companies,

Moving from personally-participated to virtually to impact many more people, to spur innovation, increase diversity, and create opportunities around the world

An augmented reality tool to overlay real time building information, helpful for engineers to know what a particular system’s flow of info in real time

A lack of agility and responsiveness in real estate is going changing

The need to understand that there are only five value propositions

A limitless opportunity for the human imagination

A $230 Trillion and growing opportunity worldwide

Developers should lean into PropTech

Why PropTech is years behind FinTech, yet broader than any other tech vertical we’ve seen

Is PropTech only one part of it, and a low hanging fruit, and limiting lens?

MetaProp

Starting with community building approach as a new fund

Why learning the language across the industry is crucial

Promoting better educational access and equity using community organizing and coalition tactics

Why the tip of PropTech spear should be public schools, and how they can design the future

Enabling schools to be specialized, motivating participation and resource provision, and working toward continual desegregation